Here are some of the bigger book stocks to watch:
John Wiley & Sons, Inc. (NYSE:JW.A)This Hoboken, New Jersey company, founded in 1807, publishes print and electronic business, education, and technology books. A couple of its famous publishing lines include the Dummies series and CliffNotes. The stock has a P/E 22, a price/sales of 1.95, and a yield of 1.1%.
Courier Corp. (NASDAQ:CRRC) This is one of the largest publishers of educational, religious, and consumer books in the United States. It has a P/E 17.2, a [PEG] of 3.5, and a yield of 1.7%.
McGraw-Hill Companies Inc. (MHP) It publishes education, financial, business books, and information services. It also owns Standard & Poor’s, BusinessWeek magazine and J.D. Power and Associates, in addition to several other divisions. Its P/E is 25, with a [PEG] of 1.7, and a yield of 1.2%.
Pearson plc (NYSE:PSO) This London-based company publishes business and educational textbooks in the United States and Canada. It also publishes The Financial Times newspapers and The Economist magazine. It has a P/E of 24, a [PEG] of 2.1, and a yield of 3.1%.
Scholastic Corp. (NASDAQ:SCHL) It publishes children’s and educational books worldwide. It has a P/E of 22.3, a [PEG] of 1.2, and pays no dividend.
Thomson (TOC) It publishes legal, business, educational books, textbooks, and information services. It has a P/E of 25.5, and a yield of 2.2%.